Major bowl games, Final Four basketball appearances and marquee games played in huge stadiums with millions more watching on TV don’t guarantee that even top-shelf college athletics organizations can cover all their costs, resulting in mandatory annual student activity fees covering the shortfalls, according to a new Virginia legislative study.

Tonight, the No. 1 overall seed takes on a team once ranked No. 1 and now playing its best basketball. On one side is Louisville, the favorite when the field was announced, trying to keep the national championship trophy in the state of Kentucky.

Freshman guard Nik Stauskas scored 22 points including six 3-pointers and Michigan is going to the Final Four for the first time since the Fab Five era after a 79-59 rout of Florida in the South Regional final Sunday.